• AUDCAD broke daily up channel
• Likely to fall to support level 0.9530
AUDCAD recently broke the support trendline of the daily up channel from April (which enclosed the previous upward impulse wave (1)).
The breakout of this up channel accelerated the active impulse wave C of the ABC correction (2) from the middle of April.
AUDCAD is likely to fall further toward the next support level 0.9530 (target price for the completion of the active impulse wave C).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies